insert_link Africa SACU revenue at risk as South Africa scrambles to renegotiate with U.S. Namibia is likely to feel the economic aftershocks of the 30% tariff imposed by the United States on South African goods, according to economist Dr. Omu Matundu, who says the move could contract South Africa’s export market and dent Namibia’s revenue from the regional customs pool. South Africa, Namibia’s largest trading partner and the continent’s most industrialised economy, has seen key sectors such as automotive and agriculture directly targeted by […] today1 August, 2025
insert_link Business / Economics 1 November 2024 Morning Biz News: Development Bank of Namibia Achieves Milestone with N$21 Billion Investment The Development Bank of Namibia (DBN) has reached a significant milestone, having invested over N$21 billion in local development over the past 20 years. This investment has not only bolstered the country's infrastructure but has also created over 76,000 jobs, highlighting the bank's vital role in Namibia's economic growth. For the fiscal year 2023/2024, the DBN reported a net operating profit of N$62 million, marking a robust recovery from a […] today1 November, 2024
